The housing median value in Skokie, IL is $441,700. This is significantly higher than the US house median value of $338,100. However, the US 1 year house appreciation is 8.27% compared to only 5.86% in Skokie, IL. As such, the housing market in Skokie is not keeping up with the rest of the country in terms of appreciation. Despite this, the median home value still remains high and indicates a strong housing market in the area.
The median home cost in Skokie (zip 60203) is $441,700. Home appreciation the last 10 years has been 53.5%. Home Appreciation in Skokie (zip 60203) is up 11.7%.
Average Age of Homes
- The median age of Skokie (zip 60203) real estate is 62 years old
The Rental Market in Skokie (zip 60203)
- Renters make up 6.6% of the Skokie (zip 60203) population
- 0.0% of houses and apartments in Skokie (zip 60203), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.